Chad Michael Whalen - Aug 1, 2022 Form 4 Insider Report for F5, INC. (FFIV)

Role
EVP, Worldwide Sales
Signature
/s/ Scot F. Rogers by Power of Attorney
Stock symbol
FFIV
Transactions as of
Aug 1, 2022
Transactions value $
-$128,622
Form type
4
Date filed
8/3/2022, 02:14 PM
Previous filing
May 26, 2022
Next filing
Sep 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIV Common Stock Options Exercise $0 +3.21K +39.32% $0.00 11.4K Aug 1, 2022 Direct F1
transaction FFIV Common Stock Tax liability $0 -1.26K -11.09% $0.00 10.1K Aug 1, 2022 Direct
transaction FFIV Common Stock Sale -$129K -780 -7.72% $164.90 9.33K Aug 2, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FFIV Restricted Stock Unit Options Exercise $0 -920 -16.65% $0.00 4.61K Aug 1, 2022 Common Stock 920 $0.00 Direct F3, F4, F5
transaction FFIV Restricted Stock Unit Options Exercise $0 -639 -10% $0.00 5.75K Aug 1, 2022 Common Stock 639 $0.00 Direct F3, F5, F6
transaction FFIV Restricted Stock Unit Options Exercise $0 -880 -100% $0.00* 0 Aug 1, 2022 Common Stock 880 $0.00 Direct F3, F5, F7
transaction FFIV Restricted Stock Unit Options Exercise $0 -770 -49.97% $0.00 771 Aug 1, 2022 Common Stock 770 $0.00 Direct F3, F5, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon vesting of the August 1, 2018, November 1, 2019, November 2, 2020, and November 1, 2021 awards of service-based Restricted Stock Units.
F2 This transaction was executed pursuant to a Rule 10b5-1 trading plan.
F3 Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
F4 This November 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021.
F5 If the reporting person continues to provide services to the Company through the vest date, the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
F6 This November 1, 2021 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2022.
F7 Restricted Stock Units will vest twenty five percent (25%) a year in consecutive equal annual installments over the following 4 year period with 25% vesting on August 1, 2019, August 1, 2020, August 1, 2021 and August 1, 2022.
F8 This November 1, 2019 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2020.